Indonesia

Indonesian retailer Matahari has seen sales increase by 24.6% for the first six months of the year to reach IDR5.2trn (US$572.6mn), driven by the company's supermarket

Russian baby food specialist Nutritek Group is targeting a 26% sales increase over the next two years on the back of expansion throughout South East Asia. Nutritek plans to lift sales... 2008-08-01

Indonesia's leading food company PT Indofood Sukses Makmur Tbk has confirmed that it retains further cost-cutting opportunities as it seeks to ward off the need for an additional... 2008-07-14

Dutch wholesaler SHV Makro has revealed plans to offload its stake in Indonesian subsidiary PT Makro Indonesia. The planned divestment follows the late 2007 sale of Makro's eight... 2008-07-10

Diversified Indonesian retailer PT Ramayana Lestari Sentosa Tbk has joined the increasingly competitive battle for the country's lucrative grocery retail number two spot with the... 2008-06-10

Indonesian retailer Matahari Putra Prima has announced ambitious plans for its hypermarket business on the back of strong 2007 sales growth. Group sales for the year climbed by 15.3%... 2008-03-28

Indonesian supermarket, hypermarket and convenience retailer PT Hero Supermarket Tbk has announced strong 2007 financial results. The retailer, which is owned by Hong Kong firm Dairy... 2008-02-29